Baxter Springs, KS vs Silver Lake, KS

Baxter Springs is moderately more affordable than Silver Lake, with a 13.4% lower cost of living index. Baxter Springs scores 61 compared to 70 for Silver Lake, where the US average is 100. This difference means residents of Silver Lake can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Baxter Springs is $792/month compared to $877/month in Silver Lake — a 10% difference. Home values follow the same pattern: Baxter Springs is more affordable at $87,600 median vs $168,900.

Median household income in Baxter Springs is $60,139 compared to $56,857 in Silver Lake (+5.8%). Baxter Springs offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Baxter Springs spend roughly 15.8% of their income on rent, less than the 18.5% in Silver Lake.